Latest news with #CISCE
South China Morning Post
5 days ago
- Business
- South China Morning Post
South Africa pushes to increase trade exports to China amid US' 30% tariff hike
Facing a US tariff of 30 per cent from August 1, South Africa is intensifying efforts to significantly grow its exports to China and address a persistent trade imbalance. Advertisement A high-level delegation, led by Deputy President Paul Mashatile, has been on a week-long visit to Beijing, seeking investments and pitching strategic opportunities to diversify the nation's export basket beyond basic commodities towards higher-value products such as pharmaceuticals, automotive goods and green energy technologies In a speech at the South Africa China Investment Forum, held on the sidelines of the third China International Supply Chain Expo (CISCE) in Beijing earlier this week, Mashatile said South Africa's trade deficit with China had risen from less than US$1 billion (7.2 billion yuan) annually between 1988 and 2000 to US$9.71 billion (69.7 billion yuan) by 2023. 'We need to address challenges such as access to the Chinese market due to factors like tariff and non-tariff barriers, distance and competition from other countries,' he said. South Africa is seeing a growing trade deficit that heavily favours China, and Mashatile explained that tackling these challenges required expanding South Africa's export portfolio, encouraging value-added exports and establishing a more balanced trade relationship. Advertisement
Straits Times
6 days ago
- Business
- Straits Times
China's leverage on the trade war with US
Find out what's new on ST website and app. Nvidia CEO Jensen Huang arrives to deliver his speech at the opening ceremony of the third China International Supply Chain Expo (CISCE) in Beijing, China July 16, 2025. Synopsis: Every fourth Friday of the month, The Straits Times will now analyse the hottest political and trending talking points, alternating between its Malaysia and China bureaus. For July, host and deputy foreign editor Albert Wai connects with senior China correspondent Yew Lun Tian. They take stock of the twists and turns in the tariff negotiations between Washington and Beijing. Both sides have weaponised access to rare earths and advanced chips as well as the potential sale of short video app TikTok, among other issues, in a bid to gain leverage. Ultimately, how the negotiations pan out may depend on how much pain both sides are prepared to endure. On the horizon is talk about a possible visit by President Donald Trump to China and how this might play a decisive role for some sort of deal. Highlights (click/tap above): Top stories Swipe. Select. Stay informed. Singapore SMRT to pay lower fine of $2.4m for EWL disruption; must invest at least $600k to boost reliability Singapore MRT service changes needed to modify 3 East-West Line stations on Changi Airport stretch: LTA Asia Live: Thailand-Cambodia border clashes continue for second day Singapore Etomidate found in blood of 2 people involved in fatal Punggol Road accident in May: HSA Singapore Vape disposal bins at 23 CCs for users to surrender e-vaporisers without facing penalties Singapore Fine for couple whose catering companies owed $432,000 in salaries to 103 employees Singapore Tipsy Collective sues former directors, HR head; alleges $14m lost from misconduct, poor decisions Singapore Kopi, care and conversation: How this 20-year-old helps improve the well-being of the elderly 1:28 The twists and turns of US-China tariff negotiations 3:24 How Beijing has weaponised the access to rare earths 5:40 China can now buy Nvidia H20 AI chips again. What are the implications? 7:49 Nvidia CEO Jensen Huang makes waves in China 9:54 Can Americans be happy without Chinese goods? 12:41 How the sale of TikTok might be a bargaining chip 13:56 Transhipment taxes add a layer of uncertainty 17:59 What a grand bargain might look like 19:37 Who will win the trade war? Read more: Register for Asian Insider newsletter: Host: Albert Wai ( albertw@ ) Produced and edited by: Fa'izah Sani Executive producer: Ernest Luis Follow Asian Insider Podcast on Fridays here: Channel: Apple Podcasts: Spotify: Feedback to: podcast@ --- Follow more ST podcast channels: All-in-one ST Podcasts channel: ST Podcasts website: ST Podcasts YouTube: --- Get The Straits Times app, which has a dedicated podcast player section: The App Store:
Korea Herald
6 days ago
- Business
- Korea Herald
Humanoid Robot Industry Chain Matchmaking Event Held at 3rd CISCE
BEIJING, July 25, 2025 /PRNewswire/ -- The Hubei Humanoid Robotics Industry Chain Matchmaking Conference was held during the 3 rd China International Supply Chain Expo (CISCE) in Beijing, with the theme Synergizing Cutting-Edge Innovations, Empowering New Quality Productive Forces. The event brought together over 400 participants, including ambassadors, experts, industry leaders, and financial executives. Featuring speeches, project promotions, and cooperation signings, it highlighted Hubei's strengths in humanoid robotics and fostered global collaboration across the industry. Yu Jianlong, Vice Ch airman of China Council for the Promotion of International Trade (CCPIT), highlighted Hubei's strategic location, rich sci-tech resources, innovation ecosystem, and openness. He noted the province's rapid progress in humanoid robotics, spanning smart manufacturing, core component R&D, application scenarios, and ecosystem development. "At this year's CISCE, Hubei launched a humanoid robotics exhibition zone with 22 enterprises showcasing over 80 exhibits, including 20 fully-integrated humanoid robots, highlighting the province's complete robotics industry ecosystem," Yu noted. He stated that CCPIT will enhance its service network and global partnerships, supporting Hubei in building platforms for international cooperation and establishing its humanoid robotics industry as a leading brand. Hu Zhonghai, Di rector of CCPIT Hubei, called humanoid robotics a key driver of tech innovation and industrial upgrading. He noted Hubei's advantages in geography, industry, and policies, with 325 Fortune Global 500 firms present, and outlined its robotics roadmap for milestones in one, three, and five years. Zhao Xingwei, JCBot's legal representative and professor at HUST, shared that JCBot has industrialized its technologies with support from HUST academicians. Its products serve over 10 fields, including industrial production, tourism, firefighting, and warehousing. He pledged to enhance R&D for higher-value applications and industrial upgrades. At the product launch, Lou Kaiqi, Deputy General M anager of Hubei Optics Valley Dongzhi Embodied Intelligence Technology Co. Ltd., introduced the company's new humanoid robot. Already used in roles like exhibition guidance, retail, reception, and performances, the robot is set to expand into government services, industrial operations, elderly care, and more. At the matchmaking conference, the Hubei Humanoid Robotics Industry Alliance signed strategic agreements with three partners—the Zhejiang Robot Industry Association, the Humanoid Robotics Innovation Center, and the Zhongguancun Rongzhi Specialized Robotics Alliance. The collaboration will focus on R&D, market expansion, and talent exchange, aiming to build a stronger robotics ecosystem through resource sharing and complementary strengths.
Cision Canada
6 days ago
- Business
- Cision Canada
Humanoid Robot Industry Chain Matchmaking Event Held at 3rd CISCE
BEIJING, July 25, 2025 /CNW/ -- The Hubei Humanoid Robotics Industry Chain Matchmaking Conference was held during the 3 rd China International Supply Chain Expo (CISCE) in Beijing, with the theme Synergizing Cutting-Edge Innovations, Empowering New Quality Productive Forces. The event brought together over 400 participants, including ambassadors, experts, industry leaders, and financial executives. Featuring speeches, project promotions, and cooperation signings, it highlighted Hubei's strengths in humanoid robotics and fostered global collaboration across the industry. Yu Jianlong, Vice Ch airman of China Council for the Promotion of International Trade (CCPIT), highlighted Hubei's strategic location, rich sci-tech resources, innovation ecosystem, and openness. He noted the province's rapid progress in humanoid robotics, spanning smart manufacturing, core component R&D, application scenarios, and ecosystem development. "At this year's CISCE, Hubei launched a humanoid robotics exhibition zone with 22 enterprises showcasing over 80 exhibits, including 20 fully-integrated humanoid robots, highlighting the province's complete robotics industry ecosystem," Yu noted. He stated that CCPIT will enhance its service network and global partnerships, supporting Hubei in building platforms for international cooperation and establishing its humanoid robotics industry as a leading brand. Hu Zhonghai, Di rector of CCPIT Hubei, called humanoid robotics a key driver of tech innovation and industrial upgrading. He noted Hubei's advantages in geography, industry, and policies, with 325 Fortune Global 500 firms present, and outlined its robotics roadmap for milestones in one, three, and five years. Zhao Xingwei, JCBot's legal representative and professor at HUST, shared that JCBot has industrialized its technologies with support from HUST academicians. Its products serve over 10 fields, including industrial production, tourism, firefighting, and warehousing. He pledged to enhance R&D for higher-value applications and industrial upgrades. At the product launch, Lou Kaiqi, Deputy General M anager of Hubei Optics Valley Dongzhi Embodied Intelligence Technology Co. Ltd., introduced the company's new humanoid robot. Already used in roles like exhibition guidance, retail, reception, and performances, the robot is set to expand into government services, industrial operations, elderly care, and more. At the matchmaking conference, the Hubei Humanoid Robotics Industry Alliance signed strategic agreements with three partners—the Zhejiang Robot Industry Association, the Humanoid Robotics Innovation Center, and the Zhongguancun Rongzhi Specialized Robotics Alliance. The collaboration will focus on R&D, market expansion, and talent exchange, aiming to build a stronger robotics ecosystem through resource sharing and complementary strengths.
Korea Herald
7 days ago
- Business
- Korea Herald
U.S. Exhibitors at 2025 CISCE Grow by 15%, Highlighting Strengthened Supply Chain Cooperation
BEIJING, July 25, 2025 /PRNewswire/ -- The third China International Supply Chain Expo (CISCE) was held from July 16 through 20 in Beijing, providing a premier platform for global communication and cooperation in supply chain development, and witnessed a 15% increase on the number of U.S. exhibitors compared to last year, reaffirming the position as the largest group of international participants. Michael Hart, Pr esident of AmCham China, praised CISCE for fostering collaboration and innovation across borders. "The Supply Chain Expo has provided a fantastic platform for communication and cooperation," Hart said. "I'm pleased to share that U.S. exhibitors have grown significantly this year, with 60% of them being Fortune Global 500 companies. Additionally, we are excited to welcome NVIDIA, a leader in American technology, making its debut at CISCE." Yu Jianlong, Vice C hairman of the China Council for the Promotion of International Trade (CCPIT), highlighted the importance of the event in advancing bilateral economic ties. "The foundation of China-U.S. relations lies in people-to-people ties," Yu said. "At this critical juncture, Chinese and American businesses are taking concrete actions to strengthen supply chain cooperation, ensuring stable and unimpeded global supply chains." This year also marks AmCham China's first participation at CISCE with its own exhibition booth, working alongside member companies to showcase innovative solutions and foster partnerships. Hart emphasized AmCham China's 2025 Navigator Program, launched during last year's expo, which focuses on cultivating supply chain leadership and collaboration with Chinese hubs. Shandong's Role in Supply Chain Resilience Hart also highlighted Shandong Province as a key player in global supply chain resilience. Since the first U.S. investment in Shandong in 1986, nearly 1,000 American companies have invested in the province, establishing it as a major partner in bilateral trade. "Shandong is one of China's most dynamic provinces, excelling in manufacturing, agriculture, port logistics, and new energy," Hart said. Its strong industrial ecosystem, efficient infrastructure, and skilled workforce have attracted many AmCham China member companies to establish production bases and regional hubs. CISCE continues to serve as a vital platform for global supply chain cooperation, providing opportunities for enterprises to explore new collaborations and drive economic growth. The expo showcases breakthroughs in supply chain innovation and fostering stronger partnerships across borders.
